Of Pirates and Spinners

Captain 'Roid is really pissed off. When last seen, the intrepid Captain was begging her mother to make a new flag for the CPS Nargle proclaiming the "End of the United Nations." According to a report on tonight's BBC America newscast, the UN has signed some declaration allowing countries to pursue the pirates onto Somalian land. Now admittedly, Somalia is a failed state and its sovereignty is open to debate. But to allow other countries, including Iran, China, Great Britain, and the US (talk about politics and pirates making strange bedfellows!!!!) to invade in pursuit of the pirates?? Hopefully all those military men will review Blackhawk Down before doing the same foolish thing.....And why does the US, beacon of religious freedom and defender of the right to democratic processes, so fear an Islamic government in Somalia?? Isn't Islam one of the "Great Religions" alongside Christianity, Judaism, Taoism, Buddhism, etc?? Or is all this "Islamic terrorists are radical extremists" just a smoke screen and the US is really at war with Muslims-----shades of Richard the Lion-Heart and the Crusades...........

Do you remember The Spinners from the '70's and that massively "great" song "Rubber Band Man"?? Actually, I detest that song but all the "oldies" stations seem fixated on it.

But those aren't "the spinners" I'm writing about. I'm thinking about the auto-bailout/union busters and whether the Kennedys are more deserving of power as a dynasty than the Clintons, if MSNBC be believed.

GM and Chrysler are doing worse than Packard did in the 1950's. They hemorrhage cash, blowing through billions a month. Their management has been about as in tune to the needs of the average buyer and the concerns about the deleterious effects of automotive emissions on the decaying of the Earth's atmosphere as Bush and Cheney have been to telling the truth about Al-Qaeda in Iraq, let alone the total misinterpretation of the WMD intelligence.
Now, depending whom one reads, we are either headed for, or are already in, the worst economic downturn since the Great Depression. The government has bailed out the financial fat-cats but balks at doing the same for the auto-making fat-cats. The problem is that there are a lot of not-so-fat-cats that would be a lot more hurt by the death of the Big 3. About 1 in 10 American jobs is tied to the auto industry---from parts providers to transportation firms to the workers at the car plants themselves. If we want to see Great Depression type unemployment numbers (like around 25%), then let's allow the Big 3 shut down and add that 10% who lose their jobs to the present 11% without jobs. (I realize the current "official" unemployment rate is about 6% but that does NOT include part-time employees who'd like full-time jobs or those who have stopped trying to find work. That number is over 11%.) That's 21% unemployment. Wouldn't take many, if any, more Citibank job cuts to put us well over that 25% threshold.

But some Senators blame all the failings of the auto industry on the wage disparity between the union workers up north and the non-union laborers in the foreign plants south of the Mason-Dixon line. Taking a real crisis and scapegoating people who will lose their livelihoods to avoid taking action while changing the focus of the argument to something totally non-related is major SPIN!! Even if a UAW member makes $71.00 an hour, that's only $150,000/year!!! And that's nowhere near what an executive at either an auto maker or a financial firm makes!!!! As a matter of fact, it's 1.5% of the 10-million dollar paychecks and bonuses common in executive suites or a Major League Baseball locker room. So let's not blame the union. Deny the bail-out if you don't think management can turn around these companies but let's stop the b.s.

So Caroline Kennedy Schlossberg threw her hat into the ring for the US Senate seat formerly warmed by former first-lady Hilary Clinton (all this assumes she gets confirmed for Secretary of State and resigns). Caroline has a lot going for her. First, her maiden name is Kennedy. She's the only surviving child of JFK and Jackie. She's a major upgrade in looks from Mrs. Clinton and I think she's also better looking than Sarah McPalin (remember her??). So give her the job already. But first we need to watch interminable hours of every Clintonista with an axe to grind and all the MSNBC "analysts" and commentators who need to justify their salaries since the election is over stir up controversy. Who cares if Andrew Cuomo is divorced from one of Caroline's cousins?? What possible effect does it have on her qualifications for the Senate, which are about the same as Hilary's when she was first elected----a member of a family that was in the White House as well as being a lawyer. And Caroline even had a pony at 1600 Pennsylvania Avenue!!!!
So enjoy "Rubber Band Man" when you hear it and wish we only had to deal with the musical Spinners instead of the bozo spinners masquerading as learned gentlemen. Hang on to your money and hope January 20 comes faster. But keep your shoes handy just in case...........

Bail---in or out????

How about them Somali Pirates?????????? 12 ships in 7 days from an area of the ocean patrolled by the US Navy, Her Royal Majesty's Navy, the EU, the Emirates, and Kingdoms of the Gulf!!!! YeeHAW!!!!!!!!!!! The Pirate Dogs hope they get to keep their loot and that they use it to improve the standard of living in the Horn of Africa, one of the poorest and most badly governed places in the entire world.
I need to correct the last post---There were a couple of inconsistencies in the sources. Apparently the ship was taken in the Gulf of Aden and is now anchored in the Indian Ocean some 450 miles from Mombasa, Kenya. Capt. 'Roid apologizes for the misinformation.
Now that the Somalis have bailed out their ships, how about the bail-out in DC of the BIG 3? I thought this was a capitalistic nation, not a welfare state. If I ran my business with as little forethought and lack of planning as that exhibited by the CEOs of the Detroit mega corporations, I'd deserve to be fired or run into bankruptcy. Now I fully appreciate that we cannot allow the auto industry to go the way of the airlines. There's always places to go and someone to take the risk and fly there. No sane person would buy any major asset from a company in Chapter 11. Cars last years and anyone purchasing one wants to make sure he can keep his investment on the road. But a free ride out of their hole is the last thing we should support as taxpayers or citizens.
I believe that successful people should get the fruits of their hard work. And executives who can't formulate a decent forward-looking business plan should go back to the business correspondence school they came from for a refresher course.
Memo to our representatives----
NO BAILOUT!!! No LOANS to the auto Industry without STRINGS!! WE THE PEOPLE need to see how OUR money will be used to sustain the industry and IMPROVE the performance of its products----MORE MPG, MORE environmentally friendly, NO MORE loans or taxpayer dollars after this ONE time.
After all, if a bunch of Somali pirates can outperform the navies of the allegedly advanced economies, our congress, senate, and captains of capitalism should be able to give us some bang for our buck in a car that gets 50-plus MPG, is safe and fun to drive.
Let's get our people in WaWa DC this message!!!!!

Raise the Fuel Taxes

Gas prices continue to go up---over $4.08 a gallon as I write this. And the monthly payments on pickups and SUVs keep decreasing---no interest for 60 months, $6,000 rebates, "employee pricing".......Anybody else out there think this is a disconnect? And note the small print on these adds---none of the "deals" apply to hybrids!!!! The fuel efficient varieties are full boat, baby!!!!
Our government says we can alleviate gas prices by drilling in places like the Arctic Wildlife Refuge. But the current administration doesn't exactly deserve kudos or respect in terms of their record on the environment or climate change. Let's face it, the "senior administrators" are ex-oil men. The candidates recommend gas tax holidays or windfall taxes on big oil.
How about something that might work? Let's eliminate the taxes on diesel. This will give truckers a break and help stabilize the costs of food and other goods that depend on trucking to get to America's consumers. We can increase the gas tax on regular fuel to offset this revenue loss and also to subsidize the cost of truly fuel efficient and alternative fuel technologies.
Check out the Honda website http://automobiles.honda.com/fcx-clarity/frequently-asked-questions/. That fuel cell car in the tv ads is available in a few counties in Southern California at a lease cost of $600.00 a month. That's more than the lease on a Hummer, a Mercedes S class, or a Cadillac STS!!!! We should be begging to lease the fuel cell car all over the country and getting the infrastructure built to support fuel cell technology. But the vast majority of Americans can't afford that kind of lease price. One would think GM, Ford, or Chrysler could build a fuel cell car that might fit an average family's budget if some of the development costs were subsidized.
According to Jonathan Rauch's article in the July/August Atlantic(http://www.theatlantic.com/doc/200807/general-motors), the Chevy Volt will sell for "maybe north of $35,000." But an F-150 Ford or a Chevy Silverado at 10mpg can be had for about $20,000!! If we really are serious about conserving fossil fuels and getting their prices back in line, we need the Volt to sell for the same price as a Malibu.
So let's bite the short-term bullet and pay an inceased gas tax which can be used by car companies to develop alternative fuel vehicles without passing the high development costs on to consumers and keeping the sticker prices of these vehicles in line with what the average family can afford. The other benefit of this would be to help make American companies competitive and hopefully increase job opportunities in the automotive sector, which has been among the hardest hit in the economy. Or maybe America isn't as good as our competitors in this segment of the global economy?